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Trump backs off plans to charge fees in Strait of Hormuz

Name: Trump backs off plans to charge fees in Strait of Hormuz
Uploaded: 2026-07-14T12:10:00-0400
Duration: 1 min 41 s
Description: President Trump has backed off his call to charge a 20-percent protection fee on ships transiting the Strait of Hormuz. CBS News correspondent Nana-Sentuo Bonsu reports from the White House.

President Trump has backed off his call to charge a 20-percent protection fee on ships transiting the Strait of Hormuz. CBS News correspondent Nana-Sentuo Bonsu reports from the White House.